 "SoftBank Group Corp.’s founder Masayoshi Son")
Masayoshi Son, SoftBank Group Corp.’s billionaire founder, checks the chart. Then again. Another time. And once more for good measure.
Lately it’s only moved in one direction: Up.
It’s not a chart of the firm’s stock picks. Those are sinking fast. So too is Son’s fortune -- at $13.7 billion, it’s crashed $25 billion in the past year, according to the Bloomberg Billionaires Index.
The chart is SoftBank’s loan-to-value ratio, which Son says he checks four times a day. It’s key to how he staged his comeback over the past two decades after losing $70 billion during the dot-com crash.
